The US dollar's share of currency reserves reported to the International Monetary Fund was 61.3% in the second quarter, down from the first three months of the year, IMF data showed on Wednesday.
Reserves held in US dollars totalled US$6.9 trillion, or roughly 61.3% of allocated reserves in the second quarter. In the first quarter, dollar reserves were at US$6.77 trillion, or a 61.8% share. The dollar fell 3% in the second quarter, its worst loss since June 2017, as expectations for a swift recovery from the Covid-19 recession made investors exit safe havens and buy into riskier currencies.
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